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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Electric who wrote (48647)7/28/1998 2:33:00 AM
From: Dwight E. Karlsen  Respond to of 58727
 
%^&%*) that "requested page not found" error is mighty annoying. I had a commentary on his highness, Morgan Stanley Global Strategist Barton Biggs, but this wonderful world of the internet has taken my comments and cast them into an eternal void.

Just makes me want to buy more and more things on the internet. I can imagine how wonderful if SI went into retail. After typing in personal credit card info and placing a large order, I would be just ecstatic to get cryptic "order not found" messages when attempting to check the status of the order.



To: Electric who wrote (48647)7/28/1998 8:07:00 AM
From: donald sew  Respond to of 58727
 
Electric,

I have seen many short DELL and lose, so I conclude it is dangerous to short such a story stock.

However, on the other hand, what will kill DELL and other story stock will be the same that will kill the whole market, which is a BEAR MARKET.

Of course I am not positive of a BEAR MARKET, which many classify as a correction of greater than 15%, but day by day there are more technical signs that such is a possibility. The key to a possible BEAR market is whether 8570 holds, and if it does not we could see the high 7000's which would be around a 15% decline. In a BEAR market all will be effected and if it gets that bad the money could very quickly move out of the story stocks. They will probably hold up better than a small cap stock, but just a tiny bit better.

Lets put it this way, the downside risk is much greater than the upside reward.

Right now the the futures are down 4.2. Not a great sign that there will be follow-thru for the market. I would not short DELL on a principal that I normally dont short momentum stocks, but all the technical indicators show bearish for DELL.

Sorry to dissappoint, I could be totally wrong - just trying to help.

Seeya